Educomp to set up 75 IIT coaching centres

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New Delhi: Education content and service provider Educomp Solutions will open around 75 Indian Institute of Technology (IIT) coaching centres in the upcoming fiscal. The coaching centres will be opened on a franchisee basis, reports Sanjeev Choudhary from the Reuters. "We have undertaken restructuring of our business recently and have created a new entity called Educomp Supplemental for our supplemental education business," MD and CEO Shantanu Prakash in the statement. Supplemental business includes tutoring, counselling and assessment. It plans to roll out other test preparatory material for BBA and medicine from 2011-12.

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